INTERNET.COM'S ISDEX, THE INTERNET STOCK INDEX, BREAKS 1,000, A GAIN OF 1000% IN LESS THAN FOUR YEARS

The dateline on that one is March 10, 2000, the day the NASDAQ set its all-time closing high, 5048.62.I am not saying the rare earth stocks topped today, just that the feel is similar.
Besides, the REE stocks are only up three digits, on average.
Anywho, here's Tickerspy:

See the problems?
REMX is an ETF.
In itself it is stupid to put a fund into an index because you are double counting the components shared by both.
Even worse, REMX's portfolio is stuffed with names such as Titanium Metals, Thompson Creek, China Molybdenum Co Ltd etc. all of whom may be fine companies but don't have much, if anything, to do with rare earth elements.